Ireland’s Guide To Money And Living

Consumer watch

Consumer watch

Student spend

The Irish Independent reports this week that a new player could be entering the student loans market here in Ireland. According to Sarah McCabe, online student loans provider Future Finance has made an application to the Central Bank for a consumer credit licence. The company, which is based in Dublin, currently offers lending facilities to students in the UK and Germany, with loan amounts ranging from £2,000 (€2,500) to £40,000 (€50,000) for tuition fees and living expenses.

Watch your inbox

There are plenty of dodgy emails and scams still doing the rounds, according to The Irish Times‘ Conor Pope. In some ways it’s hard to understand how so many people still fall for those fraudulent emails in particular (people contacting you out of the blue regarding a lucrative opportunity, grammar and spelling that is often poor), and yet billions are lost each year around the globe, from both individuals and businesses.

Those currently in circulation, Pope advises, include the CEO scam (scammers pose as a company CEO, and order employees to transfer money), ‘free’ trials that wind up costing you a hefty monthly fee, and phishing emails purporting to come from Irish Water which, earlier this year, issued advice to customers who received such emails. “Irish Water is advising anyone who receives these emails to delete them immediately. Do not reply or click on the link provided. Do not provide personal or financial details. Irish Water will never ask customers for financial information in this way and customers should always delete emails requesting this information,” the company said in a statement.

Luas lockout?

Finally, more bad news for Irish commuters – Dublin is set to face another series of Luas strikes after talks between Transdev and union Siptu broke down. Siptu has also indicated that the dispute could result in what could be described as a ‘lockout’ of Luas workers, which could then lead to a full time strike. Speaking to RTÉ’s Morning Ireland on Wednesday morning, Bill Roche, Professor of Industrial Relations & Human Resources at UCD said that a full shutdown of services might provide a point of focus for both sides.

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When not writing about all things personal finance, You & Your Money's editor Conor Forrest enjoys reading, football and getting lost in an ocean of Wikipedia articles.
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